Releases: one page per print

Releases

One economic or Fed print, one URL. We report what the named source published; we do not adopt the official framing as the last word. The daily brief is the editor's cut of what mattered that day.

Effective federal funds rate held at 3.88 percent on October 19 October 20, 2026 · 8 figures The New York Fed's effective federal funds rate for Monday, October 19, 2026 was 3.88 percent, unchanged from Friday, October 16, and inside the 3.75 to 4.00 percent target range. The 1st percentile was 3.85 percent and the 99th percentile 3.89 percent, both unchanged. The 25th percentile rose to 3.88 percent from 3.87 percent, and the 75th percentile rose to 3.89 percent from 3.88 percent. Volume was 110 billion dollars, after 115 billion dollars on October 16. The rate has printed 3.88 percent on every business day from October 13 through October 19. The next FOMC meeting is October 27 to 28.
Total public debt outstanding was $40.388 trillion on October 16, after a $59.09 billion rise a day earlier October 19, 2026 · 3 figures Treasury Fiscal Data's Debt to the Penny lists total public debt outstanding at 40,387,508,795,231.67 dollars as of Friday, October 16, 2026, down 808,879,840.24 dollars from 40,388,317,675,071.91 dollars on Thursday, October 15. The October 15 record was itself up 59,087,847,530.89 dollars from 40,329,229,827,541.02 dollars on October 14. On October 16, debt held by the public was 32,532,409,708,643.41 dollars, down 5.83 billion dollars from October 15, and intragovernmental holdings were 7,855,099,086,588.26 dollars, up 5.02 billion dollars. The October 15 and October 16 records were not filed separately before this package; the last filed record was October 14.
New York Fed outright bill purchase accepted $1.827 billion on October 19 October 19, 2026 · 2 figures The New York Fed's Open Market Trading Desk conducted an outright Treasury bill purchase on Monday, October 19, 2026, accepting $1,827 million par against $24,151 million submitted, for settlement on Tuesday, October 20. Bills in the operation mature between February 18, 2027 and September 30, 2027. The previous bill purchase, on October 8, accepted $3,891 million against $53,983 million submitted. For the October 15 to November 13 period, the Desk plans approximately $14.6 billion in reinvestment purchases and no reserve management purchases. Principal payments from the Fed's agency securities are reinvested into Treasury bills, so these purchases change the mix of holdings rather than add to them. This is a Desk operation, not a change to the target range.
The 10-year Treasury yield ended the week at 5.09 percent on October 16 October 19, 2026 · 6 figures The Federal Reserve Board's selected interest rates release (H.15) dated October 19 lists figures through October 16. The 10-year Treasury constant maturity yield was 5.09 percent on October 16, after 5.10 percent on October 15 and 5.21 percent on October 13, a decline of 12 basis points over the four sessions. The 2-year was 4.74 percent, after 4.77 percent. The 30-year was 5.43 percent, unchanged from October 15 and down from 5.56 percent on October 13. The effective federal funds rate was 3.88 percent, unchanged. Bank prime remained 7.00 percent and discount-window primary credit remained 4.00 percent. October 12 was a market holiday. The 1-day 10-year move is 1 basis point, below the 10 basis-point bar.
Effective federal funds rate held at 3.88 percent on October 15 October 16, 2026 · 8 figures The New York Fed's effective federal funds rate for October 15 was 3.88 percent, unchanged from October 14. The target range stayed at 3.75 to 4.00 percent. The 1st percentile was 3.85 percent, up from 3.80 percent; the 25th percentile was 3.87 percent, the 75th percentile 3.88 percent, and the 99th percentile 3.89 percent, all unchanged. Volume was 118 billion dollars, after 111 billion dollars on October 14.
Secured overnight financing rate rose to 3.89 percent on October 15 October 16, 2026 · 6 figures The New York Fed's secured overnight financing rate for October 15 was 3.89 percent, up 1 basis point from 3.88 percent on October 14. The 1st percentile was 3.85 percent, the 25th percentile 3.87 percent, the 75th percentile 3.94 percent, and the 99th percentile 3.97 percent. Volume was 3,025 billion dollars, after 2,974 billion dollars on October 14.
Total public debt outstanding was $40.329 trillion on October 14, down $14.65 billion October 15, 2026 · 3 figures Treasury Fiscal Data's Debt to the Penny listed total public debt outstanding at 40329229827541.02 dollars as of October 14, compared with 40343879238035.67 dollars on October 13. Debt held by the public was 32483712019721.84 dollars, compared with 32483641012611.98 dollars on October 13. Intragovernmental holdings were 7845517807819.18 dollars, compared with 7860238225423.69 dollars on October 13. The one-business-day fall of 14649410494.65 dollars came from a 14720417604.51 dollar drop in intragovernmental holdings, while debt held by the public rose 71007109.86 dollars. The October 13 record was not filed separately; the last filed record was October 8.
Effective federal funds rate held at 3.88 percent on October 14 October 15, 2026 · 8 figures The New York Fed's effective federal funds rate for October 14 was 3.88 percent, unchanged from October 13. The target range stayed at 3.75 to 4.00 percent. The 1st percentile was 3.80 percent, down from 3.85 percent, the 25th percentile 3.87 percent, down from 3.88 percent, the 75th percentile 3.88 percent, and the 99th percentile 3.89 percent. Volume was 111 billion dollars, after 106 billion dollars on October 13. The rate move is zero basis points, below the 10-basis-point bar, and files as a thin weekday update. Standing-series reference rate, not a must-ping agency print.
Secured overnight financing rate eased to 3.88 percent on October 14 October 15, 2026 · 6 figures The New York Fed's secured overnight financing rate for October 14 was 3.88 percent, down 1 basis point from 3.89 percent on October 13. The 1st percentile was 3.83 percent, the 25th percentile 3.86 percent, the 75th percentile 3.93 percent, and the 99th percentile 3.97 percent. Volume was 2,974 billion dollars, after 3,000 billion dollars on October 13. The rate move is 1 basis point, below the 10-basis-point bar, and files as a thin weekday update. Standing-series reference rate, not a must-ping agency print.
Effective federal funds rate held at 3.88 percent on October 9 October 13, 2026 · 8 figures The New York Fed's effective federal funds rate for October 9 was 3.88 percent, unchanged from October 8. The target range stayed at 3.75 to 4.00 percent. The 1st percentile was 3.85 percent, the 25th percentile 3.87 percent, the 75th percentile 3.88 percent, and the 99th percentile 3.89 percent. Volume was 110 billion dollars, after 117 billion dollars on October 8. The October 9 rate published on October 13 because October 12 was a federal holiday. The rate move is zero basis points, below the 10-basis-point bar, and files as a thin weekday update. Standing-series reference rate, not a must-ping agency print.
Secured overnight financing rate held at 3.87 percent on October 9 October 13, 2026 · 6 figures The New York Fed's secured overnight financing rate for October 9 was 3.87 percent, unchanged from October 8. The 1st percentile was 3.82 percent, the 25th percentile 3.85 percent, the 75th percentile 3.92 percent, and the 99th percentile 3.95 percent. Volume was 2,961 billion dollars, after 2,963 billion dollars on October 8. The October 9 rate published on October 13 because October 12 was a federal holiday. The rate move is zero basis points, below the 10-basis-point bar, and files as a thin weekday update. Standing-series reference rate, not a must-ping agency print.
Commercial paper issuance rose to $148.445 billion on October 8 October 9, 2026 · 3 figures The Board posted commercial paper volume statistics today, data as of October 8. Total market issuance was 148,445 million dollars, or $148.445 billion, up from 141,808 million dollars on October 7 and 142,097 million dollars on October 6. The October month-to-date daily average is 144,387 million dollars, against a September average of 147,796 million dollars. Amounts are the Board table's daily totals, in millions of dollars. Thin standing-YES Board print, posted October 9.
Total public debt outstanding was $40.305 trillion on October 8 October 9, 2026 · 3 figures Treasury Fiscal Data's Debt to the Penny listed total public debt outstanding at 40305316210829.72 dollars as of October 8, compared with 40284036147367.19 dollars on October 7. Debt held by the public was 32454086117711.32 dollars, compared with 32439260138550.17 dollars on October 7. Intragovernmental holdings were 7851230093118.40 dollars, compared with 7844776008817.02 dollars on October 7. The one-business-day rise of 21280063462.53 dollars came from a 14825979161.15 dollar rise in debt held by the public and a 6454084301.38 dollar rise in intragovernmental holdings. October 7 debt was filed on October 8; this is the newer October 8 record.
Effective federal funds rate held at 3.88 percent on October 8 October 9, 2026 · 8 figures The New York Fed's effective federal funds rate for October 8 was 3.88 percent, unchanged from October 7. The target range stayed at 3.75 to 4.00 percent. The 1st percentile was 3.85 percent, the 25th percentile 3.87 percent, the 75th percentile 3.88 percent, and the 99th percentile 3.89 percent. Volume was 117 billion dollars, after 108 billion dollars on October 7. The rate move is zero basis points, below the 10-basis-point bar, and files as a thin weekday update. Standing-series reference rate, not a must-ping agency print. Slot 08 dropped this print under the cash-session two-post cap; no other slot today filed it.
Michigan consumer sentiment fell to 46.3 in preliminary October reading October 9, 2026 · 5 figures The University of Michigan's preliminary October 2026 Index of Consumer Sentiment was 46.3, down from 48.1 in September and 53.6 a year earlier. The current economic conditions index fell to 44.7 from 50.9, while the index of consumer expectations rose to 47.3 from 46.3. Year-ahead inflation expectations rose to 4.7 percent from 4.6 percent, and long-run inflation expectations rose to 3.5 percent from 3.4 percent; the survey says both are their highest readings since May. Final October results are scheduled for October 23.
The 10-year Treasury yield fell to 5.22 percent on October 8 October 9, 2026 · 6 figures The Federal Reserve Board's selected interest rates release (H.15) dated October 9 lists figures through October 8. The 10-year Treasury constant maturity yield was 5.22 percent, after 5.28 percent on October 7. The 2-year was 4.75 percent, after 4.77 percent. The 30-year was 5.60 percent, after 5.67 percent. The effective federal funds rate was 3.88 percent, unchanged. Bank prime remained 7.00 percent and discount-window primary credit remained 4.00 percent. The 10-year move is 6 basis points and the 2-year move 2 basis points, both below the 10 basis-point bar. The October 7 column was not filed separately on October 8.
Secured overnight financing rate eased to 3.87 percent on October 8 October 9, 2026 · 6 figures The New York Fed's secured overnight financing rate for October 8 was 3.87 percent, down from 3.88 percent on October 7. The 1st percentile was 3.83 percent, the 25th percentile 3.85 percent, the 75th percentile 3.91 percent, and the 99th percentile 3.95 percent. Volume was 2,963 billion dollars, after 2,968 billion dollars on October 7. The rate move is 1 basis point, below the 10-basis-point bar, and files as a thin weekday update. Standing-series reference rate, not a must-ping agency print. No earlier slot today filed this print.
Total public debt outstanding was $40.284 trillion on October 7 October 8, 2026 · 3 figures Treasury Fiscal Data's Debt to the Penny listed total public debt outstanding at 40284036147367.19 dollars as of October 7, compared with 40273024579219.17 dollars on October 6. Debt held by the public was 32439260138550.17 dollars, compared with 32440264284905.73 dollars on October 6. Intragovernmental holdings were 7844776008817.02 dollars, compared with 7832760294313.44 dollars on October 6. The one-business-day rise of 11011568148.02 dollars came from a 12015714503.58 dollar rise in intragovernmental holdings, partly offset by a 1004146355.56 dollar decline in debt held by the public. October 6 debt was filed on October 7; this is the newer October 7 record.
Wholesale sales rose 1.8 percent in August to $817.5 billion October 8, 2026 · 7 figures The Census Bureau's Monthly Wholesale Trade Report for August 2026 (CB26-152), released October 8, reported seasonally adjusted merchant wholesaler sales of $817.5 billion, up 1.8 percent from the revised July level and up 15.6 percent from August 2025. Inventories were $964.2 billion, up 0.5 percent on the month and 6.4 percent on the year. The inventories-to-sales ratio was 1.18, compared with 1.28 in August 2025. The July-to-August inventory percent change was revised from the advance estimate of up 0.7 percent to up 0.5 percent.
Treasury sold $75 billion of 17-week bills at a 4.105 percent high rate October 7, 2026 · 9 figures Treasury auctioned $75 billion of 17-week bills on October 7 at a 4.105 percent high discount rate, down from 4.115 percent on September 30, a 1.0 basis point decline. The high investment rate was 4.219 percent, against 4.230 percent at the prior auction. Bid-to-cover was 3.10, against 2.89. Price per 100 was 98.643069. Total accepted was $81,374,443,300 and total tendered was $238,866,776,300. SOMA accepted $6,373,964,200. The share allotted at the high rate was 43.02 percent. The bills issue October 13 and mature February 9, 2027. The move is under the 10 basis point bar. Official Treasury print. No earlier slot today filed this auction.
Treasury sold $39 billion of 9-year 10-month notes at a 5.300 percent high yield October 7, 2026 · 9 figures Treasury auctioned $39 billion of 9-year 10-month notes on October 7 at a 5.300 percent high yield, up from 4.834 percent on September 9, a 46.6 basis point rise. The coupon rate was 4.625 percent, unchanged from the prior reopening of the same E-2036 note (CUSIP 91282CRF0). Bid-to-cover was 2.77, against 2.71. Price per 100 was 94.864261. Total accepted was $39,926,321,900 and total tendered was $108,995,289,900. SOMA accepted $926,290,200. The share allotted at the high yield was 57.60 percent. The notes issue October 15 and mature August 15, 2036. The move is over the 10 basis point bar. Official Treasury print. No earlier slot today filed this auction.
Total public debt outstanding was $40.273 trillion on October 6 October 7, 2026 · 3 figures Treasury Fiscal Data's Debt to the Penny listed total public debt outstanding at 40273024579219.17 dollars as of October 6, compared with 40249104431078.48 dollars on October 5. Debt held by the public was 32440264284905.73 dollars, compared with 32426124989617.49 dollars on October 5. Intragovernmental holdings were 7832760294313.44 dollars, compared with 7822979441460.99 dollars on October 5. The one-business-day rise of 23920148140.69 dollars combined a 14139295288.24 dollar rise in debt held by the public with a 9780852852.45 dollar rise in intragovernmental holdings. October 5 debt was filed on October 6; this is the newer October 6 record.
Effective federal funds rate held at 3.88 percent on October 6 October 7, 2026 · 8 figures The New York Fed's effective federal funds rate for October 6 was 3.88 percent, unchanged from October 5. The target range stayed at 3.75 to 4.00 percent. The 1st percentile was 3.85 percent, the 25th percentile 3.87 percent, the 75th percentile 3.88 percent, and the 99th percentile 3.90 percent. Volume was 120 billion dollars, after 121 billion dollars on October 5. The rate move is zero basis points, below the 10-basis-point bar, and files as a thin weekday update. Standing-series reference rate, not a must-ping agency print. No earlier slot today filed this print.
FOMC minutes show all participants backed the September 25 bp hike October 7, 2026 · 8 figures The Federal Reserve released minutes of the September 15–16, 2026 FOMC meeting on October 7 at 2:00 p.m. EDT. All participants supported raising the federal funds target range 1/4 percentage point to 3-3/4 to 4 percent. The postmeeting statement was approved 12–0. Most participants assessed that another increase in the target range would likely be appropriate by year end. Almost all participants assessed that inflation risks were tilted to the upside while risks to the labor market were broadly balanced. Staff estimated total PCE inflation at 3.8 percent in August and core PCE at 3.4 percent. The unemployment rate was 4.1 percent in July and August. The Board set interest on reserve balances at 3.90 percent and the primary credit rate at 4.0 percent, effective September 17. The next meeting is October 27–28, 2026.
Consumer credit rose at a 1.9 percent rate in August October 7, 2026 · 6 figures The Federal Reserve published its consumer credit release on October 7, 2026, covering August. Consumer credit increased at a seasonally adjusted annual rate of 1.9 percent, after a revised 4.1 percent in July. Revolving credit decreased at an annual rate of 4.2 percent, from a revised 2.5 percent in July. Nonrevolving credit increased at an annual rate of 4.1 percent, from a revised 4.7 percent. Seasonally adjusted outstanding credit was $5,196.8 billion in August, up from a revised $5,188.5 billion in July. Revolving outstanding was $1,352.4 billion, down from $1,357.2 billion. The annual-rate flow of total credit was $99.4 billion, down from a revised $212.9 billion in July. The release excludes loans secured by real estate.
The 10-year Treasury yield was 5.27 percent on October 6 October 7, 2026 · 6 figures The Federal Reserve Board's selected interest rates release (H.15) dated October 7 lists figures through October 6. The 10-year Treasury constant maturity yield was 5.27 percent, after 5.31 percent on October 5. The 2-year was 4.79 percent, after 4.84 percent. The 30-year was 5.64 percent, after 5.66 percent. The effective federal funds rate was 3.88 percent, unchanged. Bank prime remained 7.00 percent and discount-window primary credit remained 4.00 percent. The 10-year move is 4 basis points and the 2-year move 5 basis points, both below the 10 basis-point bar.
Secured overnight financing rate rose to 3.90 percent on October 6 October 7, 2026 · 6 figures The New York Fed's secured overnight financing rate for October 6 was 3.90 percent, up from 3.89 percent on October 5. The 1st percentile was 3.84 percent, the 25th percentile 3.88 percent, the 75th percentile 3.95 percent, and the 99th percentile 3.98 percent. Volume was 2,997 billion dollars, after 3,007 billion dollars on October 5. The rate move is 1 basis point, below the 10-basis-point bar, and files as a thin weekday update. Standing-series reference rate, not a must-ping agency print. No earlier slot today filed this print.
Treasury sold $58 billion of 3-year notes at a 4.932 percent high yield October 6, 2026 · 9 figures Treasury auctioned $58 billion of 3-year notes on October 6 at a 4.932 percent high yield, up from 4.474 percent on September 8, a 45.8 basis point rise. The coupon rate was 4.875 percent, against 4.375 percent at the prior auction. Bid-to-cover was 2.62, against 2.72. Price per 100 was 99.842840. Total accepted was $59,377,561,000 and total tendered was $153,096,023,500. SOMA accepted $1,377,559,800. The share allotted at the high yield was 8.35 percent. The notes issue October 15 and mature October 15, 2029. The move is over the 10 basis point bar. Official Treasury print. No earlier slot today filed this auction.
Treasury sold $95 billion of 6-week bills at a 3.945 percent high rate October 6, 2026 · 9 figures Treasury auctioned $95 billion of 6-week bills on October 6 at a 3.945 percent high discount rate, down from 3.97 percent on September 29, a 2.5 basis point decline. The high investment rate was 4.018 percent, against 4.044 percent at the prior auction. Bid-to-cover was 2.78, against 2.82. Price per 100 was 99.539750. Total accepted was $102,156,421,600 and total tendered was $271,645,541,600. SOMA accepted $7,156,361,500. The share allotted at the high rate was 87.68 percent. The bills issue October 8 and mature November 19. The move is under the 10 basis point bar. Official Treasury print. No earlier slot today filed this auction.
Treasury accepted $1.327 billion in a 2-year to 3-year buyback October 6, 2026 · 5 figures Treasury accepted $1.327 billion par in a liquidity-support buyback of nominal coupons on October 6, against a $4 billion maximum and $14.763 billion offered. It accepted 12 of 33 eligible issues in the October 15, 2028 to September 30, 2029 maturity range. Settlement is October 7. The operation ran 1:40 to 2:00 p.m. Eastern.
Total public debt outstanding was $40.249 trillion on October 5 October 6, 2026 · 3 figures Treasury Fiscal Data's Debt to the Penny listed total public debt outstanding at 40249104431078.48 dollars as of October 5, compared with 40242446619209.33 dollars on October 2. Debt held by the public was 32426124989617.49 dollars, compared with 32428913787327.44 dollars on October 2. Intragovernmental holdings were 7822979441460.99 dollars, compared with 7813532831881.89 dollars on October 2. The one-business-day change of 6657811869.15 dollars mixed a 2788797709.95 dollar fall in debt held by the public with a 9446609579.10 dollar rise in intragovernmental holdings. October 1 debt was already filed on October 5; this is the newer October 5 record, not filed earlier today.
Effective federal funds rate held at 3.88 percent on October 5 October 6, 2026 · 8 figures The New York Fed's effective federal funds rate for October 5 was 3.88 percent, unchanged from October 2. The target range stayed at 3.75 to 4.00 percent. The 1st percentile was 3.85 percent, the 25th percentile 3.87 percent, the 75th percentile 3.88 percent, and the 99th percentile 3.90 percent. Volume was 121 billion dollars, after 118 billion dollars on October 2. The rate move is zero basis points, below the 10-basis-point bar, and files as a thin weekday update. Standing-series reference rate, not a must-ping agency print.
Atlanta Fed GDPNow held at 3.7 percent for the third quarter October 6, 2026 · 4 figures The Atlanta Fed said the GDPNow model estimate for real GDP growth in the third quarter of 2026 is 3.7 percent on October 6, unchanged from October 1 after rounding. After recent releases from Census, BLS, BEA, and the Institute for Supply Management, the nowcast of third-quarter real personal consumption expenditures growth rose from 3.3 percent to 3.4 percent, and the nowcast of third-quarter real gross private domestic investment growth rose from 21.4 percent to 21.5 percent. Those increases were offset by a decrease in the nowcast of the contribution of net exports to third-quarter real GDP growth from -2.59 percentage points to -2.69 percentage points. The Atlanta Fed says GDPNow is a running estimate, not an official forecast. Updated after this morning's full international trade report. No earlier slot today filed this update.
The 10-year Treasury yield was 5.31 percent on October 5 October 6, 2026 · 6 figures The Federal Reserve Board's selected interest rates release dated October 6 lists figures through October 5. The 10-year Treasury constant maturity yield was 5.31 percent, after 5.28 percent on October 2. The 2-year was 4.84 percent, after 4.83 percent. The 30-year was 5.66 percent, after 5.63 percent. The effective federal funds rate was 3.88 percent, unchanged. Bank prime remained 7.00 percent and discount-window primary credit remained 4.00 percent. The 10-year move is 3 basis points.
30-day SOFR average rose to 3.79194 percent October 6, 2026 · 4 figures The New York Fed published SOFR averages and the SOFR index for October 6. The 30-day average was 3.79194 percent, up from 3.78389 percent on October 5. The 90-day average was 3.69852 percent, after 3.69549 percent. The 180-day average was 3.68336 percent, after 3.68166 percent. The index was 1.26167305, after 1.26153674. The 30-day move is under 1 basis point, under the 10-basis-point bar. Thin standing-YES rate print. Slot 09 already filed the October 5 SOFR rate itself.
Secured overnight financing rate rose to 3.89 percent on October 5 October 6, 2026 · 6 figures The New York Fed's secured overnight financing rate for October 5 was 3.89 percent, up from 3.88 percent on October 2. The 1st percentile was 3.84 percent, the 25th percentile 3.87 percent, the 75th percentile 3.94 percent, and the 99th percentile 3.97 percent. Volume was 3,007 billion dollars, after 3,013 billion dollars on October 2. The rate move is 1 basis point, below the 10-basis-point bar, and files as a thin weekday update. Standing-series reference rate, not a must-ping agency print. No earlier slot today filed this print.
Goods and services deficit widened to $105.6 billion in August October 6, 2026 · 5 figures The Census Bureau and BEA said the goods and services deficit was $105.6 billion in August, up $12.7 billion from $92.8 billion in July, revised. August exports were $315.2 billion, $4.5 billion more than July exports. August imports were $420.8 billion, $17.2 billion more than July imports. The goods deficit increased $12.8 billion to $136.6 billion. The services surplus increased less than $0.1 billion to $31.0 billion. Released at 8:30 a.m. ET on October 6. No earlier slot today filed this print.
Treasury sold $95 billion of 13-week bills at a 4.050 percent high rate October 5, 2026 · 9 figures Treasury auctioned $95 billion of 13-week bills on October 5 at a 4.050 percent high discount rate, down from 4.110 percent on September 28. The high investment rate was 4.149 percent, against 4.211 percent at the prior auction. Bid-to-cover was 2.51, against 2.99. Price per 100 was 98.976250. Total accepted was $102,156,469,500 and total tendered was $245,268,069,500. SOMA accepted $7,156,361,500. The share allotted at the high rate was 21.30 percent. The bills issue October 8 and mature January 7.
Treasury sold $82 billion of 26-week bills at a 4.165 percent high rate October 5, 2026 · 9 figures Treasury auctioned $82 billion of 26-week bills on October 5 at a 4.165 percent high discount rate, down from 4.285 percent on September 28, a 12 basis point decline. The high investment rate was 4.314 percent, against 4.441 percent at the prior auction. Bid-to-cover was 2.79, against 2.64. Price per 100 was 97.894361. Total accepted was $88,177,146,400 and total tendered was $234,814,486,400. SOMA accepted $6,177,069,900. The share allotted at the high rate was 40.62 percent. The bills issue October 8 and mature April 8.
30-day AA commercial paper rate fell to 3.92 percent October 5, 2026 · 4 figures The Board's commercial paper release, posted October 5 with data as of October 2, put the 30-day AA nonfinancial rate at 3.92 percent, down from 3.94 percent on October 1. The 1-day AA nonfinancial rate was 3.88 percent, from 3.87 percent. The 1-day AA financial rate held at 3.87 percent. The 30-day AA asset-backed rate was 4.01 percent, from 4.03 percent. The 30-day move is 2 basis points, under the 10 basis point bar. Earlier slots left this print unfiled. H.15 dated October 5 still has no October 5 column.
Total public debt outstanding was $40.261 trillion on October 1 October 5, 2026 · 3 figures Treasury Fiscal Data's Debt to the Penny listed total public debt outstanding at 40260641972390.03 dollars as of October 1, compared with 40171825101340.31 dollars on September 30. Debt held by the public was 32433790394253.86 dollars, compared with 32425012546390.57 dollars on September 30. Intragovernmental holdings were 7826851578136.17 dollars, compared with 7746812554949.74 dollars on September 30. The one-business-day change of 88816871049.72 dollars mixed an 8777847863.29 dollar rise in debt held by the public with an 80039023186.43 dollar rise in intragovernmental holdings. October 1 was the first day of fiscal 2027. Slot 10 left this record unfiled. Official Treasury print.
Effective federal funds rate held at 3.88 percent on October 2 October 5, 2026 · 6 figures The New York Fed's effective federal funds rate for October 2 was 3.88 percent, unchanged from October 1. The target range stayed at 3.75 to 4.00 percent. The 25th percentile was 3.87 percent and the 75th percentile was 3.88 percent. Volume was 118 billion dollars, after 120 billion dollars on October 1. The rate move is zero basis points, below the 10-basis-point bar, and files as a thin weekday update. Standing-series reference rate, not a must-ping agency print. Slot 09 already filed SOFR for October 2.
Employment Trends Index fell to 107.56 in September October 5, 2026 · 6 figures The Conference Board said its Employment Trends Index fell to 107.56 in September, a 0.5 percent decline from a downwardly revised 108.08 in August. The share of consumers saying jobs are hard to get rose to 21.9 percent from a revised 20.3 percent. The share of small firms with positions they could not fill fell to 32 percent from 35 percent. The ratio of involuntary part-time workers to all part-time workers rose to 16.5 percent from 16.2 percent. Temporary-help employment fell by 10,900.
30-day SOFR average rose to 3.78389 percent October 5, 2026 · 4 figures The New York Fed published SOFR averages and the SOFR index for October 5. The 30-day average was 3.78389 percent, up from 3.76116 percent on October 2. The 90-day average was 3.69549 percent, after 3.68732 percent. The 180-day average was 3.68166 percent, after 3.67765 percent. The index was 1.26153674, after 1.26112897. The 30-day move is about 2 basis points, under the 10-basis-point bar. Thin standing-YES rate print. Slot 09 already filed the October 2 SOFR rate itself.
10-year Treasury yield rose to 5.31 percent October 5, 2026 · 3 figures Treasury's daily par yield curve for October 5 put the 10-year at 5.31 percent, up from 5.28 percent on October 2, a 3 basis point rise. The 2-year was 4.84 percent, from 4.83 percent, and the 30-year was 5.66 percent, from 5.63 percent. All three moves are under the 10 basis point bar. The Board H.15 page dated October 5 still reprints the October 2 curve.
Bank credit was $19,862.5 billion in the week ending September 23 October 2, 2026 · 2 figures The Federal Reserve reported seasonally adjusted bank credit of $19,862.5 billion in the week ending September 23, from $19,887.7 billion in the week ending September 16. Loans and leases in bank credit were $14,097.2 billion, from $14,088.5 billion. Figures are Table 2 of the weekly commercial-bank release, in billions of dollars.
Broad general collateral rate was 3.84 percent on October 1 October 2, 2026 · 4 figures The New York Fed's broad general collateral rate for October 1 was 3.84 percent, down from 3.88 percent on September 30. The 25th percentile was 3.84 percent and the 75th percentile was 3.85 percent. Volume was $1,221 billion, after $1,210 billion on September 30.
Effective federal funds rate held at 3.88 percent on October 1 October 2, 2026 · 6 figures The New York Fed's effective federal funds rate for October 1 was 3.88 percent, unchanged from September 30. The target range stayed at 3.75 to 4.00 percent. The 25th percentile was 3.87 percent and the 75th percentile was 3.88 percent. Volume was $120 billion, after $83 billion on September 30.
Factory orders rose 0.1 percent in August to $663.5 billion October 2, 2026 · 10 figures The Census Bureau reported that new orders for manufactured goods in August rose $0.7 billion, or 0.1 percent, to $663.5 billion, after a 0.8 percent increase in July. Shipments were virtually unchanged at $658.6 billion. Unfilled orders rose $9.9 billion, or 0.6 percent, to $1,609.6 billion, and the unfilled orders-to-shipments ratio was 6.87, up from 6.81 in July. Inventories rose $5.1 billion, or 0.5 percent, to $972.4 billion, and the inventories-to-shipments ratio was 1.48, up from 1.47. Release CB26-150, published October 2, 2026.
Overnight bank funding rate held at 3.88 percent on October 1 October 2, 2026 · 4 figures The New York Fed's overnight bank funding rate for October 1 was 3.88 percent, unchanged from September 30. The 25th percentile was 3.87 percent and the 75th percentile was 3.88 percent. Volume was $256 billion, after $162 billion on September 30.
SOFR was 3.87 percent on October 1 October 2, 2026 · 4 figures The New York Fed's Secured Overnight Financing Rate for October 1 was 3.87 percent, down from 3.90 percent on September 30. The 25th percentile was 3.84 percent and the 75th percentile was 3.92 percent. Volume was $3,067 billion, after $3,230 billion on September 30.
Tri-party general collateral rate was 3.84 percent on October 1 October 2, 2026 · 4 figures The New York Fed's tri-party general collateral rate for October 1 was 3.84 percent, down from 3.88 percent on September 30. The 25th percentile was 3.84 percent and the 75th percentile was 3.85 percent. Volume was $1,178 billion, after $1,154 billion on September 30.
Treasury par curve lists the 10-year at 5.28 percent on October 2 October 2, 2026 · 3 figures The Treasury Department's Daily Treasury Par Yield Curve Rates for October 2026 list an October 2 observation. The 10-year par yield was 5.28 percent, the 2-year was 4.83 percent, and the 30-year was 5.63 percent, versus 5.24, 4.78, and 5.61 percent on October 1. The 10-year moved 4 basis points, under the 10 basis-point bar.
Treasury sold $100 billion of 4-week bills at a 3.890 percent high rate October 1, 2026 · 9 figures The Treasury Department's 4-week bill auction on October 1 sold $100 billion of 28-day bills (CUSIP 912797VP9) at a high discount rate of 3.890 percent and an investment rate of 3.956 percent. Bid-to-cover was 2.83. Price was 99.697444. Total tenders were $288,487,682,500 and total accepted $105,092,402,500, including $5,091,844,400 accepted by SOMA outside the offering. Last Thursday's 4-week bill (CUSIP 912797VN4) stopped at a 3.850 percent high discount rate and a 3.915 percent investment rate, with bid-to-cover 2.61. The new bills issue October 6 and mature November 3.
Treasury sold $95 billion of 8-week bills at a 3.990 percent high rate October 1, 2026 · 9 figures The Treasury Department's 8-week bill auction on October 1 sold $95 billion of 56-day bills (CUSIP 912797VZ7) at a high discount rate of 3.990 percent and an investment rate of 4.071 percent. Bid-to-cover was 2.70. Price was 99.379333. Total tenders were $261,001,699,200 and total accepted $99,837,524,200, including $4,837,252,100 accepted by SOMA outside the offering. Last Thursday's 8-week bill (CUSIP 912797VY0) stopped at the same 3.990 percent high discount rate and 4.071 percent investment rate, with bid-to-cover 2.76. The new bills issue October 6 and mature December 1.
Construction spending estimated at $2,203.1 billion in August October 1, 2026 · 5 figures The Census Bureau estimated August 2026 construction spending at a seasonally adjusted annual rate of $2,203.1 billion, 0.9 percent (±1.0 percent) above the revised July estimate of $2,184.5 billion. Census marks that monthly change as not statistically significant. August was 1.7 percent (±1.5 percent) below the August 2025 estimate of $2,242.0 billion. Private construction was $1,655.3 billion, 1.1 percent (±0.5 percent) above July; public construction was $547.8 billion, 0.2 percent (±2.0 percent) above July and not statistically significant.
Commercial paper outstanding fell to $1,406.7 billion October 1, 2026 · 4 figures The Federal Reserve Board's commercial paper release, posted October 1, put seasonally adjusted outstanding at $1,406.7 billion for the week ending September 30, down from $1,461.9 billion on September 23. Nonfinancial paper was $324.2 billion and financial paper was $260.9 billion. Asset-backed paper was $63.2 billion.
AA nonfinancial overnight commercial paper was 3.86 percent October 1, 2026 · 4 figures The Federal Reserve Board's commercial paper rates page, posted October 1, reported daily rates as of September 30. AA nonfinancial overnight paper was 3.86 percent, after 3.87 percent on September 29. AA financial overnight paper was 3.88 percent, unchanged from September 29. AA asset-backed 30-day paper was 4.03 percent, after 4.06 percent on September 29. AA nonfinancial 30-day paper was 3.93 percent, after 3.94 percent on September 29.
Total public debt outstanding was $40.172 trillion on September 30 October 1, 2026 · 3 figures Treasury Fiscal Data's Debt to the Penny listed total public debt outstanding at 40171825101340.31 dollars as of September 30, compared with 40096954633566.68 dollars on September 29. Debt held by the public was 32425012546390.57 dollars, compared with 32367872193303.63 dollars on September 29. Intragovernmental holdings were 7746812554949.74 dollars, compared with 7729082440263.05 dollars on September 29. The one-business-day change of 74870467773.63 dollars mixed a 57.14 billion dollar rise in debt held by the public with a 17.73 billion dollar rise in intragovernmental holdings. September 30 was the last day of fiscal 2026.
Reserve balances averaged $2.948 trillion in the week ended September 30 October 1, 2026 · 8 figures The Federal Reserve Board H.4.1 Factors Affecting Reserve Balances dated October 1 shows reserve balances with Federal Reserve Banks averaging $2,948,090 million in the week ended September 30, up $17,897 million from $2,930,193 million in the week ended September 23. The Wednesday level was $2,881,686 million. U.S. Treasury securities held outright were $4,564,161 million on Wednesday, September 30, up $5,829 million from September 23. The Treasury General Account was $984,046 million that Wednesday. Securities held outright were $6,464,597 million. Total assets on Wednesday were $6,743,031 million, down $4,673 million from September 23.
30-day SOFR average was 3.75414 percent on October 1 October 1, 2026 · 4 figures The New York Fed's 30-day SOFR average for October 1 was 3.75414 percent, up from 3.74678 percent on September 30. The 90-day average was 3.68473 percent and the 180-day average was 3.67646 percent. The SOFR index was 1.26099341.
SOFR was 3.90 percent on September 30 October 1, 2026 · 4 figures The New York Fed's Secured Overnight Financing Rate for September 30 was 3.90 percent, up from 3.88 percent on September 29. The 25th percentile was 3.88 percent and the 75th percentile was 3.96 percent. Volume was $3,230 billion, after $2,967 billion on September 29.
Treasury sold $75 billion of 17-week bills at a 4.115 percent high rate September 30, 2026 · 9 figures The Treasury Department's 17-week bill auction on September 30 sold $75 billion of 119-day bills (CUSIP 912797WS2) at a high discount rate of 4.115 percent and an investment rate of 4.230 percent. Bid-to-cover was 2.89. Price was 98.639764. Total tenders were $220,889,238,800 and total accepted $78,818,888,800, including $3,818,883,200 accepted by SOMA outside the offering. Last Wednesday's 17-week bill (CUSIP 912797WR4) stopped at a 4.135 percent high discount rate and a 4.251 percent investment rate, with bid-to-cover 2.81. The new bills issue October 6 and mature February 2, 2027.
Goods trade deficit was $132.6 billion in August September 30, 2026 · 10 figures The Census Bureau's Advance Economic Indicators Report for August, released today, said the international trade deficit in goods was $132.6 billion, up $13.7 billion from $118.9 billion in July. Exports of goods were $203.4 billion, $3.7 billion more than July. Imports of goods were $336.1 billion, $17.4 billion more than July. Wholesale inventories were $965.7 billion at month-end, up 0.7 percent from July and up 6.6 percent from August 2025. Retail inventories were $881.6 billion, up 0.3 percent from July and up 4.8 percent from August 2025. The June-to-July wholesale change was unrevised at up 1.3 percent; the June-to-July retail change was unrevised at up 0.8 percent.
Cook: inflation has exceeded 2 percent for more than five years September 30, 2026 · 5 figures Federal Reserve Governor Lisa Cook, in prepared remarks at the Richmond Fed's Investing in Rural America conference in Asheville on September 30, said inflation has been too high for too long and has exceeded the Fed's 2 percent target for more than five years. She voted with the rest of the FOMC for a 25 basis-point increase at the September meeting and said she is committed to returning inflation to the objective while preserving strength in the labor market. The speech's rural section cited 4.3 million rural small businesses employing 7.4 million people, and home-value gains of 36 percent in nonmetro and lower-density areas versus 21 percent in the densest urban counties from March 2020 to March 2023.
AA nonfinancial overnight commercial paper was 3.87 percent September 30, 2026 · 4 figures The Federal Reserve Board's commercial paper rates page, posted September 30, reported daily rates as of September 29. AA nonfinancial overnight paper was 3.87 percent, after 3.90 percent on September 28. AA financial overnight paper was 3.88 percent, after 3.87 percent on September 28. AA asset-backed 30-day paper was 4.06 percent, after 4.02 percent on September 28. AA nonfinancial 30-day paper was 3.94 percent; that tenor was not quoted on September 28.
Total public debt outstanding was $40.097 trillion on September 29 September 30, 2026 · 3 figures Treasury Fiscal Data's Debt to the Penny listed total public debt outstanding at 40096954633566.68 dollars as of September 29, compared with 40102185696865.37 dollars on September 28. Debt held by the public was 32367872193303.63 dollars, compared with 32386263609755.87 dollars on September 28. Intragovernmental holdings were 7729082440263.05 dollars, compared with 7715922087109.50 dollars on September 28. The one-business-day change of -5231063298.69 dollars mixed an 18.39 billion dollar fall in debt held by the public with a 13.16 billion dollar rise in intragovernmental holdings.
Real GDP revised up to 2.2 percent in the second quarter September 30, 2026 · 7 figures The Bureau of Economic Analysis third estimate put second-quarter 2026 real GDP at a 2.2 percent annual rate, revised up 0.7 percentage point from the 1.5 percent second estimate. First-quarter real GDP was revised to 2.5 percent. Real GDI rose 2.6 percent. The quarterly PCE price index increased 5.0 percent, and the index excluding food and energy increased 3.3 percent. Current-dollar GDP increased 8.5 percent. Corporate profits from current production increased $384.0 billion.
The 10-year Treasury yield was 5.26 percent on September 29 September 30, 2026 · 6 figures The Federal Reserve Board's H.15 Selected Interest Rates dated September 30 lists figures through September 29. The 10-year Treasury constant maturity yield was 5.26 percent, after 5.24 percent on September 28. The 2-year was 4.89 percent, after 4.92 percent. The 30-year was 5.59 percent, after 5.56 percent. The effective federal funds rate was 3.88 percent, unchanged. Bank prime remained 7.00 percent and discount-window primary credit remained 4.00 percent. The September 30 column is not on the table.
PCE prices rose 0.3 percent in August, 3.4 percent yearly September 30, 2026 · 7 figures The Bureau of Economic Analysis said the PCE price index increased 0.3 percent in August after 0.1 percent in July, and 3.4 percent from a year earlier. Excluding food and energy, the index increased 0.2 percent on the month and 3.0 percent on the year. Personal income increased $66.6 billion, or 0.2 percent. Disposable personal income increased $68.6 billion, or 0.3 percent. Personal consumption expenditures increased $190.8 billion, or 0.9 percent. The personal saving rate was 4.1 percent.
Treasury sold $54 billion of 52-week bills at a 4.400 percent high rate September 29, 2026 · 9 figures The Treasury Department's 52-week bill auction on September 29 sold $54 billion of 364-day bills (CUSIP 912797WJ2) at a high discount rate of 4.400 percent and an investment rate of 4.616 percent. Bid-to-cover was 3.07. Price was 95.551111. Total tenders were $171,170,537,700 and total accepted $59,167,062,200, including $5,166,182,400 accepted by SOMA outside the offering. The prior 52-week bill on September 1 stopped at a 3.980 percent high discount rate and a 4.161 percent investment rate, with bid-to-cover 3.61. The new bills issue October 1 and mature September 30, 2027.
Treasury sold $85 billion of 6-week bills at a 3.970 percent high rate September 29, 2026 · 9 figures The Treasury Department's 6-week bill auction on September 29 sold $85 billion of 42-day bills (CUSIP 912797UY1) at a high discount rate of 3.970 percent and an investment rate of 4.044 percent. Bid-to-cover was 2.82. Price was 99.536833. Total tenders were $247,423,729,400 and total accepted $93,132,850,200, including $8,131,953,900 accepted by SOMA outside the offering. Last Tuesday's 6-week bill stopped at a 3.870 percent high discount rate and a 3.942 percent investment rate, with bid-to-cover 3.03. The new bills issue October 1 and mature November 12, 2026.
AA nonfinancial overnight commercial paper was 3.90 percent September 29, 2026 · 3 figures The Federal Reserve Board's commercial paper rates page, posted September 29, reported daily rates as of September 28. AA nonfinancial overnight paper was 3.90 percent, unchanged from 3.90 percent on September 25. AA financial overnight paper was 3.87 percent, after 3.88 percent on September 25. AA asset-backed 30-day paper was 4.02 percent, after 4.03 percent on September 25. AA nonfinancial 30-day paper was not quoted for September 28.
Total public debt outstanding was $40.097 trillion on September 25 September 29, 2026 · 3 figures Treasury Fiscal Data's Debt to the Penny listed total public debt outstanding at 40097178119750.91 dollars as of September 25, compared with 40068807991924.84 dollars on September 24. Debt held by the public was 32385874118414.11 dollars, compared with 32362728656693.39 dollars on September 24. Intragovernmental holdings were 7711304001336.80 dollars, compared with 7706079335231.45 dollars on September 24. The one-business-day change of 28370127826.07 dollars mixed a 23.15 billion dollar rise in debt held by the public with a 5.22 billion dollar rise in intragovernmental holdings.
Total public debt outstanding was $40.102 trillion on September 28 September 29, 2026 · 3 figures Treasury Fiscal Data's Debt to the Penny listed total public debt outstanding at 40102185696865.37 dollars as of September 28, compared with 40097178119750.91 dollars on September 25. Debt held by the public was 32386263609755.87 dollars, compared with 32385874118414.11 dollars on September 25. Intragovernmental holdings were 7715922087109.50 dollars, compared with 7711304001336.80 dollars on September 25. The one-business-day change of 5007577114.46 dollars mixed a 389.5 million dollar rise in debt held by the public with a 4.62 billion dollar rise in intragovernmental holdings.
FHFA house prices rose 0.3 percent in July, up 2.6 percent year over year September 29, 2026 · 4 figures The Federal Housing Finance Agency said U.S. house prices rose 0.3 percent in July on the seasonally adjusted monthly House Price Index, after an unchanged 0.0 percent in June. House prices rose 2.6 percent from July 2025 to July 2026. Seasonally adjusted monthly changes across the nine census divisions ranged from -0.8 percent in the Mountain division to 1.5 percent in the Middle Atlantic division. Twelve-month changes ranged from 0.6 percent in the Mountain division to 6.3 percent in the Middle Atlantic division. The next HPI report is scheduled for October 27, 2026, with monthly data through August.
Agencies published resolution-plan feedback for 15 firms, no shortcomings September 29, 2026 · 3 figures The FDIC and the Federal Reserve Board published feedback letters today, for release at 4:00 p.m. EDT, on resolution plans submitted in October 2025. The agencies reviewed submissions from 15 banking organizations with over $250 billion in assets and did not identify any shortcomings or deficiencies. They also determined that a shortcoming previously identified in the 2021 BNP Paribas resolution plan has been satisfactorily addressed.
Board selected interest rates list the 10-year at 5.24 percent for September 28 September 29, 2026 · 6 figures The Board posted the September 29 selected interest rates release at the usual 4:15 p.m. ET window. The latest column is September 28. Effective federal funds were 3.88 percent, unchanged from September 25. The 2-year Treasury constant maturity was 4.92 percent after 4.81 percent, the 10-year was 5.24 percent after 5.17 percent, and the 30-year was 5.56 percent after 5.49 percent. Bank prime stayed at 7.00 percent and discount-window primary credit at 4.00 percent. The 2-year moved 11 basis points; the 10-year moved 7.
Treasury sold $95 billion of 13-week bills at a 4.110 percent high rate September 28, 2026 · 9 figures The Treasury Department's 13-week bill auction on September 28 sold $95 billion of 91-day bills (CUSIP 912797VJ3) at a high discount rate of 4.110 percent and an investment rate of 4.211 percent. Bid-to-cover was 2.99. Price was 98.961083. Total tenders were $292,802,908,400 and total accepted $104,090,004,400, including $9,088,654,300 accepted by SOMA outside the offering. Last Monday's 13-week bill stopped at a 4.015 percent high discount rate and a 4.113 percent investment rate, with bid-to-cover 2.77. The new bills issue October 1 and mature December 31, 2026.
Treasury sold $82 billion of 26-week bills at a 4.285 percent high rate September 28, 2026 · 9 figures The Treasury Department's 26-week bill auction on September 28 sold $82 billion of 182-day bills (CUSIP 912797WM5) at a high discount rate of 4.285 percent and an investment rate of 4.441 percent. Bid-to-cover was 2.64. Price was 97.833694. Total tenders were $224,151,160,200 and total accepted $89,845,222,700, including $7,844,943,700 accepted by SOMA outside the offering. Last Monday's 26-week bill stopped at a 4.155 percent high discount rate and a 4.303 percent investment rate, with bid-to-cover 2.62. The new bills issue October 1 and mature April 1, 2027.
AA nonfinancial overnight commercial paper was 3.90 percent September 28, 2026 · 4 figures The Federal Reserve Board's commercial paper rates page, posted September 28, reported daily rates as of September 25. AA nonfinancial overnight paper was 3.90 percent, after 3.86 percent on September 24. AA nonfinancial 30-day paper was 3.97 percent, after 3.96 percent. AA financial overnight paper was 3.88 percent, after 3.87 percent. AA asset-backed 30-day paper was 4.03 percent, after 4.04 percent. AA nonfinancial 90-day paper was not quoted for September 25.
Texas factory production index rose to 29.5 in September September 28, 2026 · 8 figures The Federal Reserve Bank of Dallas said Texas manufacturing output growth accelerated in September. The production index rose to 29.5 from 16.1 in August. New orders rose to 30.7 from 22.0 and shipments rose to 24.8 from 14.1. Employment rose to 15.1 from 8.0. General business activity eased to 9.8 from 11.6, and the company outlook index fell to 8.7 from 19.2. Prices paid for raw materials rose to 52.2 from 44.1. The future general business activity index fell to 20.8 from 37.2.
Board selected interest rates list the 10-year at 5.17 percent for September 25 September 28, 2026 · 6 figures The Board posted the September 28 selected interest rates release at the usual 4:15 p.m. ET window. The latest column is September 25. Effective federal funds were 3.88 percent, unchanged from September 24. The 2-year Treasury constant maturity was 4.81 percent after 4.87 percent, the 10-year was 5.17 percent after 5.18 percent, and the 30-year was 5.49 percent after 5.47 percent. Bank prime stayed at 7.00 percent and discount-window primary credit at 4.00 percent. The 10-year move is 1 basis point.
AA nonfinancial overnight commercial paper was 3.86 percent September 25, 2026 · 4 figures The Federal Reserve Board's commercial paper rates page, posted September 25, reported daily rates as of September 24. AA nonfinancial overnight paper was 3.86 percent, after 3.89 percent on September 23. AA nonfinancial 30-day paper was 3.96 percent, after 3.94 percent. AA financial overnight paper was 3.87 percent, after 3.88 percent. AA asset-backed 30-day paper was 4.04 percent, after 4.02 percent. AA nonfinancial 90-day paper was not quoted for September 24.
Total public debt outstanding was $40.074 trillion on September 23 September 25, 2026 · 3 figures Treasury Fiscal Data's Debt to the Penny listed total public debt outstanding at 40073558531201.68 dollars as of September 23, compared with 40097834028442.07 dollars on September 22. Debt held by the public was 32376938482751.49 dollars, compared with 32375685818022.20 dollars on September 22. Intragovernmental holdings were 7696620048450.19 dollars, compared with 7722148210419.87 dollars on September 22. The one-business-day change of -24275497240.39 dollars mixed a 1.25 billion dollar rise in debt held by the public with a 25.53 billion dollar decline in intragovernmental holdings.
Total public debt outstanding was $40.069 trillion on September 24 September 25, 2026 · 3 figures Treasury Fiscal Data's Debt to the Penny listed total public debt outstanding at 40068807991924.84 dollars as of September 24, compared with 40073558531201.68 dollars on September 23. Debt held by the public was 32362728656693.39 dollars, compared with 32376938482751.49 dollars on September 23. Intragovernmental holdings were 7706079335231.45 dollars, compared with 7696620048450.19 dollars on September 23. The one-business-day change of -4750539276.84 dollars mixed a 14.21 billion dollar decline in debt held by the public with a 9.46 billion dollar rise in intragovernmental holdings.
Durable goods orders were virtually unchanged at $338.6 billion September 25, 2026 · 7 figures The Census Bureau said new orders for manufactured durable goods in August decreased $0.1 billion, or were virtually unchanged, to $338.6 billion. That followed a 0.9 percent July increase. Excluding transportation, new orders increased 0.3 percent. Excluding defense, new orders increased 0.1 percent. Transportation equipment drove the decrease, falling $0.7 billion or 0.6 percent to $114.1 billion.
Atlanta Fed GDPNow Q3 nowcast is 5.0 percent, down from 5.1 percent September 25, 2026 · 3 figures The Atlanta Fed GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2026 is 5.0 percent on September 25, down from 5.1 percent on September 17. After releases from the U.S. Census Bureau and the Federal Reserve Board of Governors, an increase in the nowcast of third-quarter real personal consumption expenditures growth from 4.1 percent to 4.2 percent was more than offset by a decrease in the nowcast of third-quarter real gross private domestic investment growth from 19.2 percent to 18.7 percent. GDPNow is a model nowcast, not an official forecast of the Atlanta Fed or the FOMC.
Commercial-bank credit was $19,876.3 billion in the week ended September 16 September 25, 2026 · 7 figures The Board posted the September 25 commercial-bank assets and liabilities release at the usual 4:15 p.m. ET window. Table 2, seasonally adjusted, lists bank credit at $19,876.3 billion in the week ended September 16, after $19,866.8 billion in the week ended September 9. Loans and leases in bank credit were $14,079.0 billion after $14,062.4 billion. Commercial and industrial loans were $2,965.3 billion after $2,967.7 billion. Deposits were $19,568.4 billion after $19,657.5 billion. Table 1 break-adjusted seasonally adjusted annual rates for August show bank credit up 4.9 percent after 5.5 percent in July, loans and leases up 8.8 percent after 3.7 percent, and commercial and industrial loans up 18.9 percent after falling 2.4 percent.
Board selected interest rates list the 10-year at 5.18 percent for September 24 September 25, 2026 · 6 figures The Board posted the September 25 selected interest rates release at the usual 4:15 p.m. ET window. The latest column is September 24. Effective federal funds were 3.88 percent, unchanged from September 23. The 2-year Treasury constant maturity was 4.87 percent after 4.85 percent, the 10-year was 5.18 percent after 5.11 percent, and the 30-year was 5.47 percent after 5.40 percent. Bank prime stayed at 7.00 percent and discount-window primary credit at 4.00 percent. The 10-year move is 7 basis points. Treasury's earlier par-curve print for September 24 already listed the same 10-year at 5.18 percent.
Treasury sold $90 billion of 4-week bills at a 3.850 percent high rate September 24, 2026 · 9 figures The Treasury Department's 4-week bill auction on September 24 sold $90 billion of 28-day bills (CUSIP 912797VN4) at a 3.850 percent high discount rate and a 3.915 percent investment rate. Bid-to-cover was 2.61. Price was 99.700556. Total tenders were $242,512,404,700 and total accepted $97,439,704,700, including $7,439,068,600 accepted by SOMA. Last week's 4-week bill (CUSIP 912797VM6) stopped at a 3.820 percent high discount rate and a 3.885 percent investment rate, with bid-to-cover 3.02. The new bills issue September 29 and mature October 27.
Treasury sold $85 billion of 8-week bills at a 3.990 percent high rate September 24, 2026 · 9 figures The Treasury Department's 8-week bill auction on September 24 sold $85 billion of 56-day bills (CUSIP 912797VY0) at a 3.990 percent high discount rate and a 4.071 percent investment rate. Bid-to-cover was 2.76. Price was 99.379333. Total tenders were $241,527,849,800 and total accepted $92,026,009,800, including $7,025,786,900 accepted by SOMA. Last week's 8-week bill (CUSIP 912797VX2) stopped at a 3.920 percent high discount rate and a 3.999 percent investment rate, with bid-to-cover 2.94. The new bills issue September 29 and mature November 24.
Reserve balances averaged $2.930 trillion in the week ended September 23 September 24, 2026 · 8 figures The Federal Reserve Board H.4.1 Factors Affecting Reserve Balances dated September 24 shows reserve balances with Federal Reserve Banks averaging $2,930,193 million in the week ended September 23, down $83,601 million from $3,013,794 million in the week ended September 16. The Wednesday level was $2,969,922 million. U.S. Treasury securities held outright were $4,558,332 million on Wednesday, September 23, up $3,882 million from September 16. The Treasury General Account was $947,317 million that Wednesday. Securities held outright were $6,471,088 million. Total assets on Wednesday were $6,747,704 million.
New single-family sales were 684,000 in August September 24, 2026 · 7 figures The Census Bureau and the Department of Housing and Urban Development said sales of new single-family houses in August were at a seasonally adjusted annual rate of 684,000. That is 6.4 percent above the revised July rate of 643,000 and 2.0 percent below the August 2025 rate of 698,000. New houses for sale were 483,000, unchanged from July, a supply of 8.5 months after 9.0 months in July. The median sales price was 393,700 dollars, after 392,200 dollars in July. The average sales price was 478,700 dollars.
The 30-year fixed mortgage averaged 7.03 percent September 24, 2026 · 2 figures Freddie Mac's Primary Mortgage Market Survey for September 24 put the 30-year fixed-rate mortgage at 7.03 percent, up from 6.95 percent on September 17 and 6.30 percent a year earlier. The 15-year fixed-rate mortgage averaged 6.42 percent, up from 6.26 percent the prior week and 5.49 percent a year earlier.
Dealer financing terms were unchanged in the September survey September 24, 2026 · 5 figures The Federal Reserve Board's September 2026 Senior Credit Officer Opinion Survey on Dealer Financing Terms collected qualitative information on securities financing and OTC derivatives markets between June 2026 and August 2026. Seventeen institutions participated. Price and nonprice terms were basically unchanged, on net, across all counterparty types. Four of 17 dealers, or 23.5 percent, said hedge funds' efforts to negotiate more favorable terms increased somewhat. Eight of 15 dealers that answered the 10-year leverage question, or 53.3 percent, said current hedge-fund leverage was somewhat higher than the midpoint of the past decade.
Board selected interest rates list the 10-year at 5.11 percent for September 23 September 24, 2026 · 6 figures The Board posted the September 24 selected interest rates release at the usual 4:15 p.m. ET window. The latest column is September 23. Effective federal funds were 3.88 percent, unchanged from September 22. The 2-year Treasury constant maturity was 4.85 percent after 4.71 percent, the 10-year was 5.11 percent after 4.96 percent, and the 30-year was 5.40 percent after 5.29 percent. Bank prime stayed at 7.00 percent and discount-window primary credit at 4.00 percent. The 10-year move is 15 basis points. The print does not yet include September 24; Treasury's same-day par curve already lists that 10-year at 5.18 percent.
Treasury par curve lists the 10-year at 5.18 percent on September 24 September 24, 2026 · 5 figures The Treasury Department's Daily Treasury Par Yield Curve Rates for September 2026 list a September 24 observation. The 2-year par yield was 4.87 percent, the 5-year was 5.03 percent, the 10-year was 5.18 percent, and the 30-year was 5.47 percent, versus 4.85, 4.99, 5.11, and 5.40 percent on September 23. The 2s10s par spread was 31 basis points after 26. The 10-year moved 7 basis points, under the 10 basis-point bar. Board H.15 dated September 24 still ends at the September 23 column.
Treasury sold $28 billion of 1-year 10-month FRNs at a 0.040 percent high margin September 23, 2026 · 10 figures The Treasury Department's 1-year 10-month floating-rate note reopening on September 23 sold $28 billion of notes (CUSIP 91282CRD5, series BF-2028) at a high discount margin of 0.040 percent. The spread over the index remained 0.050 percent. Bid-to-cover was 2.63. Price was 100.015499. Total tenders were $73,508,324,500 and total accepted $28,000,087,000. SOMA took none. The index determination rate was 4.015 percent as of September 21. August 26's reopening of the same CUSIP stopped at a 0.055 percent high discount margin, with bid-to-cover 3.14. The notes issue September 25 and mature July 31, 2028.
Treasury sold $72 billion of 17-week bills at a 4.135 percent high rate September 23, 2026 · 9 figures The Treasury Department's 17-week bill auction on September 23 sold $72 billion of 119-day bills (CUSIP 912797WR4) at a high discount rate of 4.135 percent and an investment rate of 4.251 percent. Bid-to-cover was 2.81. Price was 98.633153. Total tenders were $208,245,773,100 and total accepted $77,951,525,600, including $5,951,254,800 accepted by SOMA outside the offering. Last Wednesday's 17-week bill (CUSIP 912797WQ6) stopped at a 4.030 percent high discount rate and a 4.141 percent investment rate, with bid-to-cover 2.72. The new bills issue September 29 and mature January 26, 2027.
AA 30-day nonfinancial commercial paper was 3.95 percent September 23, 2026 · 4 figures The Federal Reserve Board's commercial paper rates page posted today with data as of September 22 put AA nonfinancial 30-day paper at 3.95 percent, unchanged from September 21. AA nonfinancial 1-day paper was 3.90 percent, unchanged from September 21. AA financial 1-day paper was 3.87 percent, unchanged from September 21. AA asset-backed 30-day paper was 4.03 percent, unchanged from September 21. AA nonfinancial 90-day was not available for September 22. The outstanding table on the same release was still dated September 16.
Total public debt outstanding was $40.098 trillion on September 22 September 23, 2026 · 3 figures Treasury Fiscal Data's Debt to the Penny listed total public debt outstanding at 40097834028442.07 dollars as of September 22, compared with 40112118151111.92 dollars on September 21. Debt held by the public was 32375685818022.20 dollars, compared with 32402191477341.65 dollars on September 21. Intragovernmental holdings were 7722148210419.87 dollars, compared with 7709926673770.27 dollars on September 21. The one-business-day change of -14284122669.85 dollars mixed a 26.51 billion dollar decline in debt held by the public with a 12.22 billion dollar rise in intragovernmental holdings.
Board selected interest rates list the 10-year at 4.96 percent for September 22 September 23, 2026 · 6 figures The Board posted the September 23 selected interest rates release at the usual 4:15 p.m. ET window. The latest column is September 22. Effective federal funds were 3.88 percent, unchanged from September 21. The 2-year Treasury constant maturity was 4.71 percent after 4.76 percent, the 10-year was 4.96 percent after 4.96 percent, and the 30-year was 5.29 percent after 5.29 percent. Bank prime stayed at 7.00 percent and discount-window primary credit at 4.00 percent. The print does not yet include September 23; Treasury's same-day par curve already lists that 10-year at 5.11 percent.
Treasury par curve lists the 10-year at 5.11 percent on September 23 September 23, 2026 · 5 figures The Treasury Department's Daily Treasury Par Yield Curve Rates for September 2026 list a September 23 observation. The 2-year par yield was 4.85 percent, the 5-year was 4.99 percent, the 10-year was 5.11 percent, and the 30-year was 5.40 percent, versus 4.71, 4.83, 4.96, and 5.29 percent on September 22. The 2s10s par spread was 26 basis points after 25. The 10-year moved 15 basis points, above the 10 basis-point bar. Board H.15 dated September 22 still ends at the September 21 column.
Treasury sold $69 billion of 2-year notes at a 4.787 percent high yield September 22, 2026 · 9 figures The Treasury Department's 2-year note auction today sold $69 billion of notes (CUSIP 91282CRP8, series BH-2028) at a 4.787 percent high yield and a 4.75 percent coupon. Bid-to-cover was 2.63. Price was 99.930225. Total tenders were $191,651,805,600 and total accepted $79,388,014,800, including $10,387,942,900 accepted by SOMA outside the public offering. Last month's 2-year note (CUSIP 91282CRH6) stopped at a 4.204 percent high yield with bid-to-cover 2.60. The new notes issue September 30 and mature September 30, 2028.
Treasury sold $75 billion of 6-week bills at a 3.870 percent high rate September 22, 2026 · 9 figures The Treasury Department's 6-week bill auction today sold $75 billion of 42-day bills (CUSIP 912797UM7) at a 3.870 percent high discount rate and a 3.942 percent investment rate. Bid-to-cover was 3.03. Price was 99.548500. Total tenders were $232,536,898,800 and total accepted $80,066,009,100, including $5,065,944,300 accepted by SOMA outside the public offering. Last week's 6-week bill (CUSIP 912797SK4) stopped at a 3.850 percent high discount rate with bid-to-cover 3.16. The new bills issue September 24 and mature November 5.
AA 30-day nonfinancial commercial paper was 3.95 percent September 22, 2026 · 4 figures The Federal Reserve Board's commercial paper rates page posted today with data as of September 21 put AA nonfinancial 30-day paper at 3.95 percent, unchanged from September 18. AA nonfinancial 90-day paper was 4.08 percent. AA financial 1-day paper was 3.87 percent after 3.88 percent on September 18. AA asset-backed 30-day paper was 4.03 percent, unchanged from September 18. The outstanding table on the same release was still dated September 17.
Total public debt outstanding was $40.112 trillion on September 21 September 22, 2026 · 3 figures Treasury Fiscal Data's Debt to the Penny listed total public debt outstanding at 40112118151111.92 dollars as of September 21, compared with 40101500516712.09 dollars on September 18. Debt held by the public was 32402191477341.65 dollars, compared with 32401926526743.72 dollars on September 18. Intragovernmental holdings were 7709926673770.27 dollars, compared with 7699573989968.37 dollars on September 18. The one-business-day increase of 10617634399.83 dollars mixed a 0.26 billion dollar rise in debt held by the public with a 10.35 billion dollar rise in intragovernmental holdings.
The 10-year Treasury yield was 4.96 percent on September 21 September 22, 2026 · 6 figures The Federal Reserve Board's H.15 Selected Interest Rates dated September 22 lists figures through September 21. The 10-year Treasury constant maturity yield was 4.96 percent, after 5.01 percent on September 18. The 2-year was 4.76 percent, unchanged from September 18. The 30-year was 5.29 percent, after 5.34 percent. The effective federal funds rate was 3.88 percent, unchanged. Bank prime remained 7.00 percent and discount-window primary credit remained 4.00 percent. The September 22 column is not on the table.
M2 rose to $23,342.8 billion in August September 22, 2026 · 5 figures The Federal Reserve Board's Money Stock Measures release published September 22, 2026, put seasonally adjusted M2 at 23,342.8 billion dollars in August, after a revised 23,217.9 billion in July. Seasonally adjusted M1 was 19,991.1 billion dollars, after 19,886.5 billion. The monetary base was 5,411.6 billion dollars, after 5,523.9 billion. Currency in circulation was 2,475.6 billion dollars and reserve balances were 2,936.0 billion.
Philly Fed services firm activity rose to 0.3 in September September 22, 2026 · 5 figures The Federal Reserve Bank of Philadelphia said Third District nonmanufacturing activity was mostly steady in September. The firm-level general activity diffusion index rose to 0.3 from -8.2 in August. New orders were -2.2 after -10.1. Sales or revenues were 6.8 after 7.9. The regional general activity index fell to -22.0 from -10.6. The future firm-level general activity index rose to 20.3 from 12.4.
Richmond Fed manufacturing index fell to -2 in September September 22, 2026 · 6 figures The Federal Reserve Bank of Richmond said Fifth District manufacturing activity edged down in September. The composite manufacturing index dropped to -2 from 4 in August. Shipments fell to -5 from 11 and new orders to -6 from 3. The employment index increased to 7 from -2. Local business conditions fell to -6 from 4. The expectations index for employment dropped to 8 from 20.
Richmond Fed services revenues index was 0 in September September 22, 2026 · 4 figures The Federal Reserve Bank of Richmond said Fifth District non-manufacturing activity was flat in September. The revenues index increased to 0 from -8 in August, and the demand index inched down to 2 from 3. The local business conditions index increased to -8 from -12. The current employment index fell to 2 from 8.
Treasury sold $92 billion of 13-week bills at a 4.015 percent high rate September 21, 2026 · 9 figures The Treasury Department's 13-week bill auction on September 21 sold $92 billion of 91-day bills (CUSIP 912797TC1) at a high discount rate of 4.015 percent and an investment rate of 4.113 percent. Bid-to-cover was 2.77. Price was 98.985097. Total tenders were $260,775,531,200 and total accepted $98,214,282,200, including $6,214,225,000 accepted by SOMA outside the offering. Last Monday's 13-week bill stopped at a 3.970 percent high discount rate and a 4.066 percent investment rate, with bid-to-cover 2.64. The new bills issue September 24 and mature December 24, 2026.
Treasury sold $79 billion of 26-week bills at a 4.155 percent high rate September 21, 2026 · 9 figures The Treasury Department's 26-week bill auction on September 21 sold $79 billion of 182-day bills (CUSIP 912797WL7) at a high discount rate of 4.155 percent and an investment rate of 4.303 percent. Bid-to-cover was 2.62. Price was 97.899417. Total tenders were $212,036,825,200 and total accepted $84,336,142,700, including $5,336,127,900 accepted by SOMA outside the offering. Last Monday's 26-week bill stopped at a 4.060 percent high discount rate and a 4.203 percent investment rate, with bid-to-cover 2.74. The new bills issue September 24 and mature March 25, 2027.
Chicago Fed national activity index was -0.04 in August September 21, 2026 · 3 figures The Federal Reserve Bank of Chicago published a Chicago Fed National Activity Index of -0.04 for August, after 0.08 in July. The three-month moving average, CFNAI-MA3, was 0.01 after -0.01 in July. The CFNAI Diffusion Index was 0.02 after 0.04 in July. A zero monthly reading has been associated with the national economy expanding at its historical trend rate of growth; negative values with below-average growth. FRED carried the August print at 7:35 a.m. CDT today.
Board commercial paper: AA nonfinancial overnight 3.87 percent on September 18 September 21, 2026 · 4 figures The Federal Reserve Board's commercial paper release, posted September 21, reported rates as of September 18. The AA nonfinancial overnight rate was 3.87 percent, unchanged from September 17. The AA financial overnight rate was 3.88 percent, versus 3.87 percent on September 17. The A2/P2 nonfinancial overnight rate was unchanged at 4.04 percent. The AA nonfinancial 30-day rate was 3.95 percent, versus 3.94 percent on September 17.
Total public debt outstanding was $40.102 trillion on September 18 September 21, 2026 · 3 figures Treasury Fiscal Data's Debt to the Penny listed total public debt outstanding at 40,101,500,516,712.09 dollars as of September 18, compared with 40,093,343,468,150.50 dollars on September 17. Debt held by the public was 32,401,926,526,743.72 dollars, compared with 32,392,786,557,372.46 dollars on September 17. Intragovernmental holdings were 7,699,573,989,968.37 dollars, compared with 7,700,556,910,778.04 dollars on September 17. The one-day increase of 8,157,048,561.59 dollars mixed a 9.14 billion dollar rise in debt held by the public with a 0.98 billion dollar fall in intragovernmental holdings.
Board commercial paper outstanding was $1,442.1 billion on September 16 September 18, 2026 · 4 figures The Federal Reserve Board's commercial paper outstanding table lists seasonally adjusted paper at 1,442.1 billion dollars as of Wednesday September 16, versus 1,436.9 billion on September 9. Nonfinancial paper was 350.0 billion dollars, versus 337.0 billion. Financial paper was 594.1 billion dollars, versus 601.8 billion. Asset-backed paper was 498.0 billion dollars, versus 498.1 billion.
Board commercial paper: AA nonfinancial overnight 3.87 percent on September 17 September 18, 2026 · 4 figures The Federal Reserve Board's commercial paper release, posted September 18, reported rates as of September 17. The AA nonfinancial overnight rate was 3.87 percent, versus 3.64 percent on September 16. The AA financial overnight rate was 3.87 percent, versus 3.62 percent on September 16. The A2/P2 nonfinancial overnight rate was 4.04 percent, versus 3.80 percent on September 16. The AA nonfinancial 30-day rate was 3.94 percent, versus 3.93 percent on September 16.
Total public debt outstanding was $40.093 trillion on September 17 September 18, 2026 · 3 figures Treasury Fiscal Data's Debt to the Penny listed total public debt outstanding at 40,093,343,468,150.50 dollars as of September 17, compared with 40,094,080,427,790.97 dollars on September 16. Debt held by the public was 32,392,786,557,372.46 dollars, compared with 32,406,353,922,774.30 dollars on September 16. Intragovernmental holdings were 7,700,556,910,778.04 dollars, compared with 7,687,726,505,016.67 dollars on September 16. The one-day decline of 736,959,640.47 dollars mixed a 13.57 billion dollar fall in debt held by the public with a 12.83 billion dollar rise in intragovernmental holdings.
Effective federal funds rate was 3.88 percent on September 17 September 18, 2026 · 4 figures The New York Fed published an effective federal funds rate of 3.88 percent for September 17, the first full operating day after the September 16 FOMC decision. That is 25 basis points above the 3.63 percent print for September 16. The target range on the September 17 print is 3.75 to 4.00 percent, against 3.50 to 3.75 percent on the September 16 print. Trading volume was $100 billion, against $90 billion the prior day.
Industrial production was unchanged in August after a 0.2 percent July rise September 18, 2026 · 8 figures The Federal Reserve Board's G.17 release, published at 9:15 a.m. ET September 18, said industrial production was unchanged in August after increasing 0.2 percent in July. Manufacturing output decreased 0.3 percent. Mining ticked up 0.1 percent and utilities increased 1.8 percent. At 103.1 percent of its 2017 average, total IP in August was 1.4 percent above its year-earlier level. Capacity utilization was unchanged at 76.3 percent, 3.1 percentage points below its long-run (1972–2025) average. The total index for July was unrevised at 103.0. June's monthly change was revised to 0.2 percent from 0.3 percent.
SOFR was 3.85 percent on September 17, up 23 basis points September 18, 2026 · 2 figures The New York Fed published a Secured Overnight Financing Rate of 3.85 percent for September 17, 23 basis points above the 3.62 percent print for September 16. Volume was $2,992 billion, against $2,931 billion the prior day. The print covers the first full operating day after the September 16 FOMC decision.
Treasury sold $90 billion of 4-week bills at a 3.820 percent high rate September 17, 2026 · 9 figures The Treasury Department's 4-week bill auction on September 17 sold $90 billion of 28-day bills (CUSIP 912797VM6) at a high discount rate of 3.820 percent and an investment rate of 3.885 percent. Bid-to-cover was 3.02. Price was 99.702889. Total tenders were $279,448,148,200 and total accepted $97,647,910,200, including $7,647,249,400 accepted by SOMA outside the offering. Last Thursday's 4-week bill (CUSIP 912797VL8) stopped at a 3.775 percent high discount rate and a 3.839 percent investment rate, with bid-to-cover 2.81. The new bills issue September 22 and mature October 20, 2026.
Treasury sold $85 billion of 8-week bills at a 3.920 percent high rate September 17, 2026 · 9 figures The Treasury Department's 8-week bill auction on September 17 sold $85 billion of 56-day bills (CUSIP 912797VX2) at a high discount rate of 3.920 percent and an investment rate of 3.999 percent. Bid-to-cover was 2.94. Price was 99.390222. Total tenders were $256,995,401,800 and total accepted $92,222,446,800, including $7,222,402,100 accepted by SOMA outside the offering. Last Thursday's 8-week bill (CUSIP 912797VW4) stopped at a 3.845 percent high discount rate and a 3.922 percent investment rate, with bid-to-cover 2.82. The new bills issue September 22 and mature November 17, 2026.
Treasury sold $19 billion of 9-year 10-month TIPS at a 2.653 percent high yield September 17, 2026 · 10 figures The Treasury Department's 9-year 10-month TIPS auction on September 17 sold $19 billion of the reopened D-2036 10-year TIPS (CUSIP 91282CRE3) at a high yield of 2.653 percent. The coupon is 2.375 percent. Median yield was 2.577 percent and low yield was 2.529 percent. Price was 97.598142. Bid-to-cover was 2.24, with 93.14 percent allotted at the high yield. Total tenders were $45,346,430,000 and total accepted $21,860,454,000, including $2,860,448,000 accepted by SOMA. The July 23 original 10-year TIPS auction of the same CUSIP stopped at a 2.438 percent high yield with bid-to-cover 2.30. The notes issue September 30 and mature July 15, 2036.
Total public debt outstanding was $40.094 trillion on September 16 September 17, 2026 · 3 figures Treasury Fiscal Data's Debt to the Penny listed total public debt outstanding at 40,094,080,427,790.97 dollars as of September 16, compared with 40,114,445,691,166.84 dollars on September 15. Debt held by the public was 32,406,353,922,774.30 dollars, compared with 32,406,391,951,586.01 dollars on September 15. Intragovernmental holdings were 7,687,726,505,016.67 dollars, compared with 7,708,053,739,580.83 dollars on September 15. The one-day decline of 20,365,263,375.87 dollars was almost entirely in the intragovernmental account.
H.4.1: reserve balances averaged $3.014 trillion in the week ended September 16 September 17, 2026 · 7 figures The Federal Reserve Board H.4.1 Factors Affecting Reserve Balances dated September 17 shows reserve balances with Federal Reserve Banks averaging $3,013,794 million in the week ended September 16, up $22,484 million from $2,991,310 million in the week ended September 9. The Wednesday level was $2,921,536 million. U.S. Treasury securities held outright were $4,554,450 million on Wednesday, September 16, up $2,113 million from September 9. The Treasury General Account was $991,708 million that Wednesday. Securities held outright were $6,470,320 million.
Census: August housing starts 1,275,000, down 2.6 percent from July September 17, 2026 · 10 figures Census published Monthly New Residential Construction for August 2026 today. Privately owned housing starts were at a seasonally adjusted annual rate of 1,275,000, 2.6 percent below the revised July rate of 1,309,000 and 1.2 percent below the August 2025 rate of 1,291,000. Single-family starts were 918,000, 7.6 percent above the revised July figure of 853,000. Starts of units in buildings with five or more units were 344,000. Building permits were 1,394,000, 2.7 percent below the revised July rate of 1,433,000 and 3.5 percent above August 2025. Completions were 1,128,000, 11.9 percent below the revised July rate of 1,280,000.
Philly Fed current general activity index fell to 37.8 in September September 17, 2026 · 8 figures The Federal Reserve Bank of Philadelphia reported that its Manufacturing Business Outlook Survey diffusion index for current general activity fell from 47.4 in August to 37.8 in September. The new orders index edged down 1 point to 29.2, and the current shipments index was unchanged at 27.7. The employment index fell 16 points to 11.8. The average workweek index declined to 18.0. The prices paid index rose 8 points to 48.6, and the current prices received index rose 14 points to 31.3. The diffusion index for future general activity fell 21 points to 52.9. Survey responses were collected from September 7 to September 15. The Bank released the survey today at 8:30 a.m. ET.
Treasury par curve lists the 10-year at 4.94 percent on September 17 September 17, 2026 · 5 figures The Treasury Department's Daily Treasury Par Yield Curve Rates table for September 2026 now lists a September 17 column. The 2-year par yield was 4.67 percent, the 5-year was 4.78 percent, the 10-year was 4.94 percent, and the 30-year was 5.29 percent, versus 4.74, 4.86, 5.01, and 5.35 percent on September 16. The 2s10s par spread held at 27 basis points. The move in the 10-year is 7 basis points, under the 10 basis-point bar. Board H.15 for September 17 prints at 4:15 p.m. ET.
Treasury sold $72 billion of 17-week bills at a 4.030 percent high rate September 16, 2026 · 9 figures The Treasury Department's 17-week bill auction on September 16 sold $72 billion of 119-day bills (CUSIP 912797WQ6) at a high discount rate of 4.030 percent and an investment rate of 4.141 percent. Bid-to-cover was 2.72. Price was 98.667861. Total tenders were $201,892,022,000 and total accepted $78,117,957,000, including $6,117,799,400 accepted by SOMA outside the offering. Last Wednesday's 17-week bill (CUSIP 912797WP8) stopped at a 3.895 percent high discount rate and a 4.001 percent investment rate, with bid-to-cover 2.73. The new bills issue September 22 and mature January 19, 2027.
Board commercial paper: AA nonfinancial overnight 3.65 percent on September 15 September 16, 2026 · 4 figures The Federal Reserve Board's commercial paper release, posted September 16, reported rates as of September 15. The AA nonfinancial overnight rate was 3.65 percent, versus 3.64 percent on September 14. The AA financial overnight rate was unchanged at 3.62 percent. The A2/P2 nonfinancial overnight rate was 3.80 percent, versus 3.79 percent on September 14. The AA nonfinancial 30-day rate was 3.92 percent, versus 3.90 percent on September 14. The AA financial 90-day rate was not quoted.
SEP median 2026 federal funds rate is 4.1 percent, from 3.8 percent September 16, 2026 · 7 figures The Summary of Economic Projections released with the September 15-16, 2026 FOMC meeting shows a median federal funds rate of 4.1 percent in 2026, compared with 3.8 percent in the June projections. The 2026 median for PCE inflation is 3.7 percent (3.6 percent in June) and for core PCE inflation 3.4 percent (3.3 percent in June). The 2026 unemployment median is 4.1 percent, from 4.3 percent in June. Real GDP growth medians are 2.3 percent in 2026 and 2.4 percent in 2027. The longer-run federal funds rate median is 3.2 percent, from 3.1 percent in June.
Atlanta Fed GDPNow Q3 nowcast is 5.1 percent, up from 4.4 percent September 16, 2026 · 3 figures The Atlanta Fed GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2026 is 5.1 percent on September 16, up from 4.4 percent on September 10. After recent releases from the U.S. Census Bureau, the U.S. Bureau of Labor Statistics, and the Treasury's Bureau of the Fiscal Service, the nowcasts of third-quarter real personal consumption expenditures growth and third-quarter real government expenditures growth increased from 3.6 percent and 1.3 percent, respectively, to 4.1 percent and 2.3 percent. GDPNow is a model nowcast, not an official forecast of the Atlanta Fed or the FOMC.
July business inventories were $2,764.7 billion, up 0.8 percent September 16, 2026 · 7 figures The Census Bureau's Manufacturing and Trade Inventories and Sales release CB26-154, posted today, said seasonally adjusted manufacturers' and trade inventories were $2,764.7 billion at the end of July, up 0.8 percent from June 2026 and up 3.8 percent from July 2025. Combined distributive trade sales and manufacturers' shipments were $2,120.7 billion, up 0.3 percent from June and up 8.9 percent from July 2025. The total business inventories-to-sales ratio was 1.30 at the end of July, compared with 1.37 in July 2025. Figures are adjusted for seasonal and trading-day differences but not for price changes.
August retail and food services sales were $773.9 billion, up 1.2 percent September 16, 2026 · 4 figures The Census Bureau's Advance Monthly Sales for Retail and Food Services, release CB26-153 posted today, said seasonally adjusted August 2026 sales were $773.9 billion, up 1.2 percent from the previous month and up 6.0 percent from August 2025. Sales for June through August 2026 were up 6.0 percent from the same period a year earlier. The June-to-July percent change was revised from down 0.6 percent to down 0.5 percent. Figures are adjusted for seasonal variation and holiday and trading-day differences, but not for price changes.
Net TIC inflows were $83.7 billion in July September 16, 2026 · 11 figures The Treasury Department released Treasury International Capital data for July 2026. Monthly net dollar-denominated portfolio inflows were $83.7 billion, after $135.5 billion in June. Private inflows were $73.5 billion and official inflows were $10.2 billion. Foreign residents' net purchases of long-term U.S. securities were $40.6 billion, of which official institutions bought $44.4 billion and private foreign investors sold $3.7 billion. U.S. residents' net purchases of long-term foreign securities were $68.5 billion. After adjustments, overall net foreign sales of long-term securities were $27.9 billion. Foreign holdings of U.S. Treasury bills rose $38.8 billion, and holdings of all dollar-denominated short-term U.S. securities and other custody liabilities rose $65.0 billion. Banks' own net dollar-denominated liabilities to foreign residents rose $46.6 billion.
Treasury par curve lists the 10-year at 5.01 percent on September 16 September 16, 2026 · 5 figures The Treasury Department's Daily Treasury Par Yield Curve Rates table for September 2026 lists a September 16 column. The 2-year par yield was 4.74 percent, the 5-year was 4.86 percent, the 10-year was 5.01 percent, and the 30-year was 5.35 percent, versus 4.67, 4.83, 5.00, and 5.36 percent on September 15. The 2s10s par spread narrowed to 27 basis points from 33. The Board H.15 dated September 16 still ends at the September 15 column.
Real median household income rose to $87,460 in 2025 September 15, 2026 · 9 figures The U.S. Census Bureau reported that real median household income was $87,460 in 2025, up 2.6 percent from $85,210 in 2024 and the highest on record since 1967. The official poverty rate fell 0.5 percentage point to 10.2 percent, with 34.5 million people in poverty. The official child poverty rate was 13.4 percent. Median post-tax household income was $76,060, up 3.1 percent from $73,760. The female-to-male earnings ratio for full-time, year-round workers rose to 83.9 percent from 80.6 percent. The Supplemental Poverty Measure rate was 13.1 percent, and 26.7 million people (7.9 percent) were uninsured for the entire year; neither figure was statistically different from 2024.
Empire State general business conditions index fell to 7.6 in September September 15, 2026 · 8 figures The Federal Reserve Bank of New York reported that its Empire State Manufacturing Survey general business conditions index fell thirteen points to 7.6 in September, remaining positive after August's 20.6. The new orders index was 2.0 and the shipments index was -3.2. The prices paid index rose five points to 63.1, and the prices received index rose five points to 28.1. The number of employees index was 10.6, and the average workweek index rose ten points to 17.0. The index for future business conditions was 29.0. Survey responses were collected between September 2 and September 10.
Census business applications were 531,728 in August, down 7.8 percent September 11, 2026 · 4 figures The U.S. Census Bureau Business Formation Statistics for August 2026, released September 11, said seasonally adjusted business applications were 531,728, a 7.8 percent decrease from July. Projected business formations within four quarters were 28,501, a 4.6 percent decrease from July. The four-quarter formation figure is a projection of payroll startups from the August application cohort, not a count of startups that appeared in August.
Board commercial paper: AA nonfinancial overnight 3.64 percent on September 10 September 11, 2026 · 5 figures The Federal Reserve Board's commercial paper release, posted September 11, reported rates as of September 10. The AA nonfinancial overnight rate was 3.64 percent, unchanged from September 9. The AA financial overnight rate was unchanged at 3.62 percent. The AA financial 90-day rate was 3.94 percent, versus 3.84 percent on September 9. The A2/P2 nonfinancial overnight rate was 3.79 percent, unchanged. The AA nonfinancial 30-day rate was 3.73 percent, versus 3.74 percent on September 9. The A2/P2 nonfinancial 90-day rate was not quoted. Weekly outstanding still ends September 9.
H.8: bank loans grew 8.8 percent in August; C&I loans jumped 18.8 percent September 11, 2026 · 8 figures The Federal Reserve's H.8 release said commercial-bank loans and leases grew 8.8 percent at a break-adjusted, seasonally adjusted annual rate in August, after 3.8 percent in July. Commercial and industrial loans grew 18.8 percent in August after falling 2.4 percent in July. Bank credit grew 4.8 percent after 5.5 percent. Deposits grew 8.0 percent after 3.2 percent. For the week ended September 2, seasonally adjusted bank credit was $19,835.3 billion, compared with $19,830.7 billion in the week ended August 26. Loans and leases were $14,028.3 billion, compared with $14,034.8 billion. Commercial and industrial loans were $2,965.1 billion, compared with $2,956.0 billion. Deposits were $19,565.9 billion. These are Board H.8 figures published today.
Household net worth rose $12.8 trillion to $195.9 trillion in Q2 September 11, 2026 · 23 figures The Federal Reserve's Financial Accounts said household and nonprofit net worth increased $12.8 trillion to $195.9 trillion in the second quarter. The net-worth-to-disposable-income ratio printed a record 8.28. Held equities increased $10.7 trillion and real estate increased $1.1 trillion. Household debt increased 5.0 percent at a seasonally adjusted annual rate to $21.4 trillion, with the debt-to-income ratio at 0.90. Mortgage debt was $14.0 trillion and consumer credit $5.1 trillion. Domestic nonfinancial business debt expanded 4.6 percent to $24.0 trillion. Federal government debt grew 5.2 percent to $34.9 trillion. State and local government debt grew 9.1 percent to $3.8 trillion. Total domestic nonfinancial debt expanded 5.2 percent to $84.1 trillion; the ratio to GDP was 2.59.
Treasury sold $22 billion of 29-year 11-month bonds at a 5.308 percent high yield September 10, 2026 · 9 figures The Treasury Department's 29-year 11-month bond auction on September 10 sold $22 billion of the reopened Bonds of August 2056 (CUSIP 912810UW6) at a high yield of 5.308 percent. The coupon is 5.125 percent. Median yield was 5.250 percent and low yield was 4.000 percent. Price was 97.262274. Bid-to-cover was 2.61, with 64.29 percent allotted at the high yield. Total tenders were $57,466,872,500 and total accepted $22,000,024,000, including $42,553,500 noncompetitive. SOMA accepted nothing. The August 13 original 30-year auction of the same CUSIP stopped at a 5.216 percent high yield with bid-to-cover 2.39. The bonds issue September 15 and mature August 15, 2056.
Treasury sold $90 billion of 4-week bills at a 3.775 percent high rate September 10, 2026 · 9 figures The Treasury Department's 4-week bill auction on September 10 sold $90 billion of 28-day bills (CUSIP 912797VL8) at a high discount rate of 3.775 percent and an investment rate of 3.839 percent. Bid-to-cover was 2.81. Price was 99.706389. Total tenders were $259,997,642,400 and total accepted $97,059,722,400, including $7,059,428,300 accepted by SOMA outside the offering. Last Thursday's 4-week bill (CUSIP 912797VK0) stopped at a 3.700 percent high discount rate and a 3.762 percent investment rate, with bid-to-cover 2.97. The new bills issue September 15 and mature October 13.
Treasury sold $85 billion of 8-week bills at a 3.845 percent high rate September 10, 2026 · 9 figures The Treasury Department's 8-week bill auction on September 10 sold $85 billion of 56-day bills (CUSIP 912797VW4) at a high discount rate of 3.845 percent and an investment rate of 3.922 percent. Bid-to-cover was 2.82. Price was 99.401889. Total tenders were $246,623,132,100 and total accepted $91,667,812,100, including $6,667,237,800 accepted by SOMA outside the offering. Last Thursday's 8-week bill (CUSIP 912797VP9) stopped at a 3.750 percent high discount rate and a 3.824 percent investment rate, with bid-to-cover 3.02. The new bills issue September 15 and mature November 10.
Treasury accepted $5.187 billion in a 10-year to 20-year liquidity-support buyback September 10, 2026 · 5 figures The Treasury Department's 10-year to 20-year liquidity-support buyback on September 10 accepted 5,187,000,000 dollars of nominal coupon securities against a 6,000,000,000 dollar maximum. Dealers offered 10,489,000,000 dollars. Treasury accepted 23 of 40 eligible issues. Settlement is September 11. The previous operation in the same bucket, on August 11, accepted the then 2,000,000,000 dollar cap against 7,399,000,000 dollars offered.
Agencies raise the 18-month exam-cycle threshold to $6 billion September 10, 2026 · 3 figures The Federal Reserve, FDIC, and OCC issued an interim final rule on September 10 raising the total-asset threshold at which certain well-managed, well-capitalized institutions qualify for an 18-month on-site examination cycle from $3 billion to $6 billion. The change implements the 21st Century ROAD to Housing Act. The exam cycle for those firms moves from 12 months to 18 months. The agencies said they would continue offsite monitoring between scheduled exams. Parallel changes apply to U.S. branches and agencies of foreign banks. The rule is effective immediately upon Federal Register publication, with a 30-day comment period.
Existing-home sales fell to 3.98 million in August September 10, 2026 · 9 figures The National Association of Realtors said existing-home sales fell 2.0 percent in August to a seasonally adjusted annual rate of 3.98 million, down 1.2 percent from a year earlier and the first reading below 4.0 million since June 2025. The median existing-home price was $429,100, up 1.6 percent from $422,400 a year earlier. Inventory rose 3.2 percent from July to 1.62 million units, a 4.9-month supply, up from 4.6 months in July. NAR said the August average 30-year fixed mortgage rate was 6.67 percent, from Freddie Mac, up from 6.54 percent in July.
Fed H.4.1: total assets $6,740.619 billion as of September 9 September 10, 2026 · 3 figures The Federal Reserve Board's H.4.1 release, published at 4:30 p.m. ET September 10, put total assets at 6,740,619 million dollars as of Wednesday September 9, up 3,415 million from 6,737,204 million on September 2. U.S. Treasury securities held outright were 4,552,337 million dollars, down 10 million from September 2. Mortgage-backed securities held outright were 1,913,585 million dollars, unchanged from September 2. Figures are Wednesday levels from the consolidated statement and Table 1.
Treasury sold $72 billion of 17-week bills at a 3.895 percent high rate September 9, 2026 · 9 figures The Treasury Department's 17-week bill auction on September 9 sold $72 billion of 119-day bills (CUSIP 912797WP8) at a high discount rate of 3.895 percent and an investment rate of 4.001 percent. Bid-to-cover was 2.73. Price was 98.712486. Total tenders were $202,209,305,500 and total accepted $77,647,610,500, including $5,647,542,600 accepted by SOMA outside the offering. Last Wednesday's 17-week bill (CUSIP 912797WN3) stopped at a 3.855 percent high discount rate and a 3.959 percent investment rate, with bid-to-cover 2.78. The new bills issue September 15 and mature January 12, 2027.
Treasury sold $39 billion of 9-year 11-month notes at a 4.834 percent high yield September 9, 2026 · 9 figures The Treasury Department's 9-year 11-month note auction on September 9 sold $39 billion of the reopened E-2036 10-year note (CUSIP 91282CRF0) at a high yield of 4.834 percent. The coupon is 4.625 percent. Median yield was 4.769 percent and low yield was 4.000 percent. Price was 98.361116. Bid-to-cover was 2.71, with 89.25 percent allotted at the high yield. Total tenders were $105,812,590,000 and total accepted $39,000,040,000, including $98,150,000 noncompetitive. SOMA accepted nothing. The August 12 original 10-year auction of the same CUSIP stopped at a 4.683 percent high yield with bid-to-cover 2.53. The notes issue September 15 and mature August 15, 2036.
Treasury accepted $12.5 billion in a 1-month to 2-year cash-management buyback September 9, 2026 · 5 figures The Treasury Department's cash-management buyback on September 9 accepted 12,500,000,000 dollars of 1-month to 2-year nominal coupon securities, equal to the 12,500,000,000 dollar maximum. Dealers offered 28,027,000,000 dollars. Treasury accepted 27 of 45 eligible issues. Settlement is September 10. The previous operation in the same bucket, on September 3, also accepted the 12,500,000,000 dollar cap against 28,272,000,000 dollars offered.
Board commercial paper: AA nonfinancial overnight 3.65 percent on September 8 September 9, 2026 · 6 figures The Federal Reserve Board's commercial paper release, posted at about 1:00 p.m. ET September 9, reported rates as of September 8. The AA nonfinancial overnight rate was 3.65 percent, up from 3.62 percent on September 4. The AA financial overnight rate was unchanged at 3.62 percent. The AA financial 90-day rate was 3.81 percent, versus 3.83 percent on September 4. The A2/P2 nonfinancial overnight rate was 3.80 percent and the A2/P2 nonfinancial 90-day rate was 4.05 percent, versus 4.00 percent on September 4. The AA nonfinancial 30-day rate was 3.79 percent, versus 3.76 percent on September 4. September 7 was unquoted for Labor Day.
Selected services revenue was $6,418.7 billion in the second quarter September 9, 2026 · 4 figures The Census Bureau's Quarterly Services Survey, released September 9 as CB26-146, said U.S. selected services total revenue for the second quarter of 2026, adjusted for seasonal variation but not for price changes, was $6,418.7 billion, an increase of 3.0 percent from the first quarter of 2026 and up 7.6 percent from the second quarter of 2025. The first-quarter to second-quarter percentage change was revised from the advance estimate of 3.1 percent.
Consumer credit increased at a 4.2 percent annual rate in July September 8, 2026 · 6 figures The Federal Reserve Board's G.19 release, published at 3:00 p.m. ET September 8, said consumer credit increased at a seasonally adjusted annual rate of 4.2 percent in July. Revolving credit increased at a 2.5 percent annual rate and nonrevolving credit increased at a 4.8 percent annual rate. Seasonally adjusted outstanding credit was 5,186.2 billion dollars, with revolving credit at 1,357.2 billion and nonrevolving credit at 3,829.0 billion. June was revised to a 3.4 percent annual rate from the 3.3 percent published on August 7. May was revised to a 0.5 percent annual rate. Trading Economics listed a consensus near 11.7 billion dollars for the monthly change.
Manufacturing after-tax profits were $359.4 billion in the second quarter September 8, 2026 · 6 figures The Census Bureau's Quarterly Financial Report, released September 8 as CB26-144, said U.S. manufacturing corporations' seasonally adjusted after-tax profits in the second quarter of 2026 totaled $359.4 billion, up $64.1 billion from $295.2 billion in the first quarter and up $143.8 billion from $215.6 billion in the second quarter of 2025. Seasonally adjusted sales were $2,324.1 billion, up $194.0 billion from $2,130.1 billion in the first quarter and up $343.7 billion from $1,980.3 billion a year earlier.
Retail after-tax profits were $112.3 billion in the second quarter September 8, 2026 · 6 figures The Census Bureau's Quarterly Financial Report for large U.S. retail trade corporations, released September 8 as CB26-143, said seasonally adjusted after-tax profits of firms with assets of $50 million and over totaled $112.3 billion in the second quarter of 2026, up $45.1 billion from $67.2 billion in the first quarter and up $51.7 billion from $60.6 billion in the second quarter of 2025. Seasonally adjusted sales were $1,171.1 billion, up $28.5 billion from $1,142.6 billion in the first quarter and up $88.7 billion from $1,082.4 billion a year earlier.